Mar 19, 2013 5:00am EDT
choices. we're doing burgers in a different way in a new fast casual cooked environment. >> how much of a challenge is it when you come over here when horse meat is big in the news. >> food supply is really important. it's something we all have to face. we're using certified angus meat in the united states and we'll be using that here in europe and it's something we'll do a good job of keeping our eyes on. >> what do you think is smashburger's edge? we've been winning great food awards around the world. we tapped into this fast casual business model where you walk up and order and we bring the food to your table for you with a real nice fork and plate and offer $8 to $10 equivalent in the u.s. >> it's a higher price point, a different customer and hopefully better margins. what are your profit margins like and where do you want to see them go? >> we focus on getting the business of burgers right. our margins are approaching 20% which is really leading in the restaurant industry. we're doing well north of a million dollars out of our restaurants and we're doing it for less than half a
Mar 18, 2013 5:00am EDT
continues to be the case. i think that we're in a very low interest rate environment that continues to create this wealth effect and the money continues to go to the stock. >> got to leave it there, ben. thank you so much for your time today. >> thank you. >> want to show people quickly what's happening in gold and copper. copper is selling off. we talked briefly about china on the program, but the message should be it's not about a country of 1 million of 0.2% of zero gdp. it's about china and whether global growth jitters are coming back to the fore. with that in mind, we'll hand you over to "squawk box." thank you so much for tuning in. have a great day and hope to see you back here tomorrow.
Mar 21, 2013 5:00am EDT
, job growth will continue to be over 2,000. and i think in that kind of environment, the fed will start to taper the pace of qe. sometimes in q3 and, yes, by the end of this year, i expect the qe to stop. but rates will be very low and the fed's balance sheet will be bloated for quite a long time. >> given the issues in europe, why take the risk? why even hint to markets that they may be exiting? or paps why not leave the accommodative can policies in place to help support the global economy? >> as we move into the summer, i think at that point the cost of this continued open ended deposit continues. i think they've come to the conclusion they don't need it as much. i think at that point, europe will probably be a little more stable. >> joe, in a word, jobless claims today, then, critically important. >> very important. i think they'll stay well below 350. >> it's an important level to watch. appreciate your time. from thank you, kelly. >> thank you for joining us on the show today. i'm kelly evans. this has been "worldwide exchange." time now for "squawk box" in the u.s. remember, peop
Mar 22, 2013 5:00am EDT
, then you hit the financial offshore of the environment. the choice should be obvious to the majority, at least to the european monetary union. >> and most people would assume before depositors were ever looked at as a source of cash, it would be the bondholders that got hit. if cyprus has to raise 67 billion and there's only 1.7 billion in bonds to go after, that won't solve the problem. should they still, though, have tried it? >> i think the natural way to proceed is first feed equity, then junior debt and then senior debt and, last, depositors. and that would very last insure the depositors. so yes, indeed. as you rightly pointed out, it's around 11.7 of which the majority is bailin. but the senior debt is just around 300 million, not billion, for the three largest banks. so it's very, very little. >> and angel gorria in that interview was saying next time or in general, someone has to pay and it should be the critters. nevertheless, antonio has to leave us. thank you for your time. we want to get back out to julia. now that russia has basically said, you know, sorry, no, the pres